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Global Ministers And CEOs To Meet In Abu Dhabi At A Time Of Unprecedented Change For Oil And Gas Industry Major challenges for industry decision-makers include an increasingly complex energy market, historic east-west shifts in global economic power, and a rapid acceleration in technological innovation.
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World Energy Council Organises Workshop In Abu Dhabi The World Energy Council recently organised a workshop on ’Middle East and Gulf Regional Energy Scenarios’ in the nation’s capital, Abu Dhabi.
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Abu Dhabi Consumer Confidence Scores 144 Points In Q2 2018 The levels of prevailing confidence among consumers in the Emirate represent one of the key enablers supporting the business environment and economic performance.
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Non-Resident Deposits Outstrip Loans By AED63 bn Non-resident deposits across the UAE’s banking system reported solid growth during the first nine months of the year, with their growth outstripping retail loans provided to non-residents by AED63 bn by the end of Q3.
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Mobile Subscription Base Expands To 18.4 Million The subscription base in UAE mobile phone services expanded to 18.4 million subscribers, according to figures released by Etisalat and du.
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ADM, Emirates Global Aluminum Ink Stadium Construction Agreement The initiative is intended to bring happiness to community members, provide a better living experience, promote the values of social responsibility and contribute to the overall sustainable development seen by Abu Dhabi.
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FAB Launches New Brand For Islamic Business First Abu Dhabi Bank, FAB, today announced that it is launching a new FAB Islamic logo inspired by the FAB Brand Identity, and that its wholly-owned subsidiary Abu Dhabi National Islamic Finance, has changed its legal name to First Abu Dhabi Islamic Finance.
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Zayed Sustainability Prize Judges Select 10 Winners The jury for the Zayed Sustainability Prize met on Sunday to select the 10 winners of the 2019 awards, across its five categories. The winners will be announced at the Prize’s annual award ceremony, on 14th January 2019, during Abu Dhabi Sustainability Week, ADSW.
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Gulf Capital Announces The Sale Of Destinations Of The World To Webjet Limited, A World Leader In B2B Travel, For US$173 Million, Resulting In An IRR In Excess Of 15% Gulf Capital, one of the largest and most active alternative asset management firms in the Middle East, is pleased to announce that it has entered into an agreement to sell Destinations of the World ("DOTW") to Webjet Limited ("Webjet").
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Positive Economic Performance In Abu Dhabi During Q2 The results of the macroeconomic and sectoral indexes reflect a positive economic performance in Abu Dhabi, particularly at the level of non-oil activities, during Q2 of 2018, confirming rising levels of investor confidence and business optimism about the emirate’s economic outlook.
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Dubai - Al Ain Road Renamed After Tahnoun Bin Mohammed As per the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, the Dubai - Al Ain Road was renamed after H.H. Sheikh Tahnoun bin Mohammed Al Nahyan, Abu Dhabi Ruler’s Representative in Al Ain Region.
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NYU Abu Dhabi Institute Announces November Line-Up Of Public Events The NYU Abu Dhabi Institute (The Institute) is pleased to announce an exceptional program of talks and screenings free of charge and open to the public throughout the month of November, as part of its tenth anniversary celebrations.
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The Central Bank Of The UAE The Central Bank of the United Arab Emirates announced that it will introduce into circulation, on Tuesday 30/1/2018, a currency note of AED One Hundred (AED100( denomination, reprinted with new security features.
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Zayed University Happiness Course Attracts Hundreds Hundreds of secondary-level school students were drawn towards the recently launched Zayed University Happiness Course during their partake at the 12th Najah Exhibition, UAE’s leading Higher Education event, running from October 31 to November 2 in Abu Dhabi.
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Department Of Transport Digitalises 96% Of Services The Department of Transport, DoT, in Abu Dhabi has announced the launch of a number of online services as part of its digitalisation plan to facilitate transactions.
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The Ministry Of State For FNC Affairs Signs MoU With The Social Solidarity Fund For The Ministry Of Interior’s Employees To Provide The Services Of FAZAA Initiative The Ministry of State for Federal National Council Affairs and the Social Solidarity Fund for Ministry of Interior’s Employees have signed an agreement to provide the services of the FAZAA initiative to the Ministry’s employees.
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GCC Forensic Science Conference & Exhibition Launched In Abu Dhabi The two-day high-level conference is organised by the Abu Dhabi Police and brings together forensic experts from the GCC, wider Middle East region and the international community.
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Abu Dhabi Cruise Terminal’s Partnership With Abu Dhabi Airports And Etihad Airport Services Continues To Streamline Cruise Passenger Experience With the start of the 2018/2019 cruise season, the ongoing partnership will witness a full streamlined turnaround for passengers of the Boudicca cruise ship under the Fred Olsen cruise line.
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Gulf Related Signs Long-Term Partnership with Alshaya Group for Al Maryah Central 280,000 sq. ft. of leased area to feature Alshaya’s portfolio of fashion, dining and beauty brands.
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Economic Reforms Set To Positively Impact Abu Dhabi’s Real Estate Market In The Longer Term, Says JLL According to the report, one significant element of the initiative is to encourage startups to enter the market more efficiently, resulting in a boost in overall commercial activity in the long term.
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Etisalat Sponsors 3rd ’Emirati Women -Future Is Now’ Conference Etisalat today announced its sponsorship of the ’Emirati Women - Future is Now’ 2018 conference and exhibition on 1 st November in Abu Dhabi.
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Abu Dhabi’s Department Of Culture Hosts Tourism Delegation From GCC Region Travel trade experts were treated to a tour of Abu Dhabi’s most prominent cultural and touristic sites as part of their trip, including Yas Island, Louvre Abu Dhabi, Sheikh Zayed Grand Mosque and the Al Forsan Club.
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Abu Dhabi Fund For Development Director General Applauds KhalifaSat As Notable Emirati Achievement His Excellency Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD), today congratulated the UAE President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, His Highness Sheikh Mohammed bin Rashid Al Maktoum.
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UAE Gaming Industry Harnessing Local Talents Online and electronic gaming is an emerging industry in the UAE, harnessing Emirati talents via creative content creation, development and investment in this continually developing sector.
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UAE Embassy Promotes Special Olympics World Games Abu Dhabi 2019 In Islamabad UAE Ambassador to Pakistan Hamad Obaid Ibrahim Salim A Zaabi has hosted a ceremony in Islamabad to promote the Special Olympics World Games Abu Dhabi 2019, which will be organised by the UAE capital on March 14-21.
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Tabreed Raises USD 500 Million With New 7 Year Sukuk National Central Cooling Company PJSC (DFM: Tabreed), the leading UAE-based regional district cooling utility company, today announces it has successfully raised US$500 million (AED 1.8 billion) with a fixed rate senior unsecured US dollar denominated RegS sukuk with a 7 year tenor.
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Sheikh Zayed Housing Programme Approves Housing Support For 252 Citizens The Board of Directors of the Sheikh Zayed Housing Programme has approved the names of 252 citizens who are eligible for housing support, valued at AED190 million, as part of the third and final group of 800 housing support decisions that were announced at the start of the month.
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UAE Central Bank Announces M1 Decreases By 0.8% The Central Bank has announced that the Money Supply aggregate M1 decreased by 0.8%, from AED488.1 billion at the end of August 2018 to AED484.2 billion at the end of September 2018.
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National Bank Of Fujairah Waives Processing Fees On Education Loans During The NAJAH Exhibition In Abu Dhabi National Bank of Fujairah (NBF) PJSC announced today that it will be waiving processing fees on education loans as part of its participation at the 12th edition of Abu Dhabi’s Najah Exhibition.
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Thirty-Four Businessmen, 51 Private Companies Supporting Sandooq Al Watan Sandooq Al Watan, a national initiative launched by prominent Emirati businessmen to support research projects for the post-oil era, announced that Emirati businessman Badr Jafar has joined the ranks of its supporters, bringing up the number of donors to 34 businessmen and 51 private companies.
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Agriscape Exhibition Kicks Off Tomorrow In Abu Dhabi The event, organised by Food Security Centre Abu Dhabi under the supervision of Mariam Hareb Almheiri, Minister of State for Food Security, will convene 53 exhibitors associated with agri-land and other agri-assets in more than 50 countries.
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ADM’s Digital Transactions Soar To 84 During First Half Of October Abu Dhabi City Municipality announced a significant increase in the number of customers and strategic partners using its digital services (Smart Hub).
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Economy Ministry, Chinese Delegations Discuss Boosting Cooperation Trade and investment relations between the UAE and the People’s Republic of China are witnessing rapid growth under the comprehensive strategic partnership between the two countries, said Abdullah bin Ahmed Al Saleh, Undersecretary of the Ministry of Economy for Foreign Trade Affairs.
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Panel Highlights Louvre Abu Dhabi’s Significance As Symbol Of Inclusivity The discussion highlighted key achievements of Louvre Abu Dhabi since its opening in November 2017 and provided insight on the museum’s vision for the future.
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UAE Participates In 9th International Exhibition Of Dates In Morocco The UAE was ranked first as the best international pavilion among 15 countries participating in the 9th edition of the International Exhibition of Dates in Erfoud, Morocco, under the theme "logistics and development of the dates sector".
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MPM Properties Wins Four Awards At African & Arabian Property Awards 2018 MPM Properties, the real estate advisory subsidiary of Abu Dhabi Islamic Bank (ADIB), has been recognised at the African & Arabian Property Awards winning four titles for its achievements over the last year.
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New Flight Route Between Abu Dhabi And Riga To Be Launched The Department of Culture and Tourism - Abu Dhabi, DCT Abu Dhabi, has established a partnership with Air Baltic following the news that the carrier will begin direct flights between Abu Dhabi and the Latvian capital Riga this autumn.
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Louvre Abu Dhabi unveils new acquisitions, loans The new acquisitions will join the 657 artworks on display along the permanent collection of Louvre Abu Dhabi.
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Abu Dhabi Gears Up To Host Second Edition Of Agriscape From 29 To 30 October 2018 The second edition of Agriscape, the international exhibition dedicated to agricultural investments abroad, will run from 29 to 30 October 2018 under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan.
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FAB Reports 3Q Net Profit Of AED3 bn, Up16% Year-On-Year According to FAB financial statement, the group posted a net profit of AED 9.1 billion, up 12 percent year-on-year; annualised Earning Per Share (EPS) at AED 1.07; third quarter earnings at AED 3.0 billion, up 16 percent year-on-year.
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Mercer Expands Footprint In Fast-Growing Middle East Region With The Official Opening Of New Office In Abu Dhabi Mercer, a global consulting leader in advancing health, wealth and career and a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), today announced that it has expanded its footprint in the Middle East with the opening of a new office in the capital of the United Arab Emirates.
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Etisalat Partners With Musanada For New Al Ain Hospital Project Etisalat has entered into a strategic partnership with Abu Dhabi General Services (Musanada) to provide end-to-end ICT solutions for the new Al Ain Hospital.
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Abu Dhabi National Takaful Announces AED4.4 Million Cash Returns For Family Policyholders Abu Dhabi National Takaful Company has announced Surplus Distribution (cash returns) for its eligible individual and corporate family takaful policyholders for the year 2017 indicating a profitable year-on-year performance by the company.
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Abu Dhabi Sets Two Guinness World Records In Support Of Cancer Awareness Abu Dhabi has set two Guinness World Records in fighting breast cancer. The achievement came in the following categories: the longest awareness ribbon.
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